Two main ATO audit hotspots ( focus areas ) of Individual Tax Return 2018

This year ATO announced that would force on “other work-related deductions” in the individual tax returns. The other work-related deductions are shown in Lable D5 in the Individual Tax Return and included,

• Union fees
• Overtime meal allowance
• Seminars (I.e. Breakfast seminars)
• Books and Journals
• Home office
• Repairs and Maintenance only (i.e. computer repairs)
• Tools and Equipment (LESS than $300) otherwise Depreciate
• Newspaper
• Mobile Phone
• Internet
• Subscriptions (membership with professional bodies)
• Printing & Stationery

Another Tax audit hot spot for individual tax return in the financial year 2017-2018 is the motor vehicle deductions.